New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-12-31

foreclosure sale he offered $4,000 Tor "a" ~
the second mortgage boniaoIer' wer' Ia po''i'" "
pay moro for It aud they bought IL In ~ w" relno
The -ee. Id mort "a e bond AMOUNTS to 500 loo
Tho holders or these bonds now run me t'i
be ~ positis {. dictate These bonds were hst qotea
nj A cents However they are wo hi m :, CENTS Tor
some OF bonds II IL presumed thal thc WI, Nv"
nlt them to pass from thef na"s incrrs on the first
controls The road must pay ,he The nrst
nsri gage bonds ia order 70 hold me prop har nsr
mortgage amounts to IL 100000 ami Az Oh IL o""i' f
cent interest
TIE ALTON SPREADING THE WAR
ST LOUIS Dec 30 t>pe~iail.-1hc rate hsht between
tbe wabash and the Chicago and Alton took new
turn to-day The fght heretofore has been raj her
slow as tho Wabash showed little ac'Nly Ih 'nc way
Of cutting This hardly agreed with the temper oi 'o
Alton people who wanted to make short sharp hia'
Ter of IT, This afternoon. therefore the MON ,n
tended the fight to Detroit and Toledo mec'ing .np
~ aIasb and dumping lower all Of lis principal
,oInts IIrrricf0re the cutting has bcch cnhlhcd w
81 Iouis and Chicago rates. ana thls 'A''hIV oi NV
contest PROMISES to develop into serious cohlca"i''
Receiver McNua left here for New ORR Ss'r t
and viii have direct the action OF his road rom
there
4 DELAWARE AND LACKAwANNA DIVIDEND
The directors of tho Delaware. I.ackawanna ana
Western Railroad Company at a meeting Yesterday
decIared tbe usual quarterly dividend OF I "a per
cent ON the share capital No statement OF The busi
ness of the year made, for the returns Tor NC
ccmber Of course. have not been received irrNlnn,
sloan said that for the eleven months ,hn ,
nd Icrn 10 % 100 Per cent and that Tho directors
fclt justified IN declaring dividend al inc ratio oi
per cent year
DULUTH AND MONTREAL Connected
Officers ~ the Duluih. South Shore and Atlantic
Railway Yesterday received dispatches rom Marquette
Mich from the contractors and engineers, announcing
that the trarIayers had met nj the bridge over tho
south branch of - ontonacon River early In m" day.
This committees the line from Sauii Ste Marie To Ia.
luth and hy tn, connect made hy the lni"rnaiipnai
bridge across the suit gives through hho oo'"oon
Montreal and Duluth
MTsCEtLASEOUs RAILWAY TNrELLIdENrE
sHFRu,v Tex pc 30-In he District Court OF sherman
Yesterday Judgment given IN favor Gunner so" 'u""
of TN, city, against the Houston AMI texas
Central Railway. and f. Gdden Tor "lo ''r'' "' ah' III
the Panhandle aud agrinsi tho oust ard Texas Central
R,lra, I'm favor 81 Ssnuorn ant for tt 2N 90 with
MI eo-t. Gunfer lands bv inc
lraal am winch hal M" ihr hands "
mo- On Tor new fria ovrrr~;. The t"th lnigu"n
against IN" Houston aud Texas tenrAl halfway VIII oun'
10 "rAfy 500 'Jo
prism no. Dec 30 J. H. williamson. o. Denver. one ~
the !. ding sto lh,'er. IN the and no Grande Raj
road was ia P;t-purg thi, mora returning rom ash
ugton York lie tcnr' tie rHw"r that jay "oui
had purch conirs Ing inieret IN IN" nue.
Bosfoy Dee .dlourusd meeting ~ The storkholi
,, q, the La,t.ru RAILWAY Conn any hsd tis afternoon
The committee To count to dir tors Tho pace
- M~--rs sinss and ievwopL s~nsi r"P"f iei AZ
JARVIS d imam AMI Jo.ePy H. cray "a .,eh ,Ae iu
nrnbsr cast 3D.! 400 All they "@rc de IAfe l
ell ctrd
fxpr,y,rorfs Dec 10 tSpccaD-The relation, between
the Lake Frr ant Tho Lac s,re roads have
become .or~w neil ant The LATER used TO have The
former. through nu'l.'s u.",' ch'.G' are Pr.p,dd,
midland line ONCE Al ia = '"nt has been o'o'ed